Plan Ledger DOL Form 5500 · updated monthly

Lexicon Management Group, Inc.401(k)

LEXICON 401(K) PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Lexicon Management Group, Inc. reported $74,322 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,240 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.09% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 49th-largest of 456 plans among Arkansas employers on file, and the 2,195th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,529,925
Participants with balances961
Active participants2,463
Employer contributions$3,053,840
Employee contributions$5,617,908
Employer contribution per active participant$1,240
Average account balance$85,879
Benefits paid to participants$8,531,416
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.5M · 961 accts · $3.1M emplr
2023$71.0M · 879 accts · $2.6M emplr
2022$57.7M · 860 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,322
Total administrative$74,322
The Lexicon Management Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,240
Median for plans this size$3,635
2024$1,240 per active participant
2023$1,072 per active participant
2022$987 per active participant

Lexicon Management Group, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping$74,322

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,322 · 0.10%
2023$61,023 · 0.09%
2022$51,343 · 0.09%
Similar plansManufacturing · Arkansas
Simmons Foods, Inc. AR$186.9M · 0.20%
Central Moloney, Inc. AR$177.1M · 0.00%
Riceland Foods, Inc. AR$74.4M · 0.30%
Futurefuel Chemical Company AR$69.8M · 0.20%
Hytrol Conveyor Co., Inc. AR$65.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352429358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.